There were 38 unit sales in August. This is up 72.7% from 22 in August of 2016. Sales/list price ratio in August moved down to 95.2% from 98.1% in July.
Median price in August was $1,692,500. This is up 9.2% from $1,550,000 in August of 2016. This is the highest median price has been since December, 2016. 3-month median price of $1,450,000 in August was very slightly up from $1,390,000 in July and up marginally from $1,445,000 in August of 2016. Price per square foot in August was $512. This is up from $458 in July and up from $491 in August of 2016.
Inventory of 185 in August was down 7.5% from 200 in July and down 1.6% from 188 in August of 2016. New listings of 18 in August were up moderately from 14 in July and up considerably from 14 in August of 2016. Months of supply of 7.2 in August was down slightly from 8.2 in July and down moderately from 9.1 in August of 2016. This is the lowest months of supply has been since December, 2016.
Days on market of 94 in August was up considerably from 68 in July but down marginally from 98 in August of 2016. This is the highest days on market has been since March, 2017.